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Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
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Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
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Niger Governor Bago Receives Last Group of Rescued St Mary’s students

KEY POINTS • Niger governor receives remaining rescued students and staff in Minna• Federal Government...
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US Surveillance Flights Over Nigeria Signal Deeper Security Cooperation

US intelligence aircraft have flown repeatedly over Nigeria since November, reflecting deeper security ties amid violence and diplomatic tension.
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Trump Recalls US Ambassador To Nigeria Amid Major Diplomatic Shake-Up

Trump recalls the US ambassador to Nigeria and several other diplomats, signaling a major diplomatic reshuffle across multiple regions.
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ADC: Tinubu’s 2026 Budget Risks Nigeria’s Financial Future

ADC criticizes Tinubu’s 2026 budget, warning that heavy borrowing and optimistic revenue forecasts could deepen Nigeria’s debt crisis.
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Nigerian Presidency Quells Uproar Over New Tax Legislation

KEY POINTS The Nigerian presidency has intervened to clarify alleged discrepancies between passed and...
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Dangote Slashes Fuel Price, Demands Nationwide Compliance at MRS Stations

KEY POINTS Dangote Refinery has set a new petrol price of ₦739 per litre...
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Hardship Casts Shadow Over Christmas for Onitsha’s Poor

Christmas brings little relief in Onitsha as economic hardship forces poor residents to depend on charity for food and cash.
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Unprecedented Takeover: Dynamics and Implications of APC’s Dominance of the National Assembly

Defections and court rulings give the APC a two-thirds majority in the National Assembly, reshaping power and oversight in Nigeria.
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Peter Obi: Not Criminalising Vote Buying at Primaries Hurts Democracy

Peter Obi faults lawmakers for failing to criminalise vote buying at party primaries, warning the practice damages Nigeria’s democracy.
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7 Ways to Prepare Adequately for the New Year

Learn how to prepare for the new year with practical tips for goals, finances, routines, and emotional wellbeing.
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37 Worshippers Abducted in Kogi Church Attacks as Bandits Demand N600m

Bandits abducted 37 worshippers from two churches in Kogi, killing a pastor and demanding N600m ransom as residents flee.
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₦58.18 Trillion Budget: Nigerians Want Impact, Not Figures — Natasha

Lawmakers say Nigeria’s 2026 budget will be judged by impact on daily life, not its ₦58.18 trillion size
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Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.
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Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.